In what would seem to be some very good news for other memory makers, Hynix, the Korean memory maker, has lost its International Trade Commission case. It was ruled that Hynix was given “illegal subsidies” in a case originally brought to the ITC by Micron and Infineon. Although Hynix has billions of dollars in debt that would have crushed most normal companies, the South Korean government has propped Hynix up with numerous subsidies and debt relief. The problem is that Hynix is mainly state-owned now, and there are free trade concerns. Although a 44.2% tariff on goods shipped to the U.S. is significant, Hynix is basically chuckling it off and saying that it will increase production in its plant in Oregon. The Oregon plant is tariff-free as it is on U.S. soil.

USER COMMENTS 3 comment(s)

ram prices(7:45am EST Thu Jul 24 2003)need to go down for me to buy 16gb for word – by loser